corporate profile

Singapore Press Holdings (SPH) is Southeast Asia’s leading We also operate three popular radio channels, HOT FM91.3 media organisation, engaging minds and enriching lives across and Kiss92 in English and UFM 100.3 in Mandarin, under an multiple languages and platforms. 80 per cent-owned joint venture company, SPH UnionWorks, with NTUC Media. We publish 18 newspaper titles in four languages. Our subsidiary, SPH Magazines, publishes more than SPH has a 20 per cent stake in TV Holdings Pte Ltd, 100 periodicals in and the region. Every day, which operates free-to-air channels 5, 8, and , and a 2.92 million individuals, or 74 per cent of people above 40 per cent stake in MediaCorp Press Ltd, which publishes the 15 years old, read one of our publications in Singapore. free newspaper, Today.

The online editions of our main newspapers enjoy over 270 SPH’s event arm, Sphere Exhibits, organises innovative million page views with 18 million unique visitors every month. consumer and trade events and exhibitions as well as large scale conferences in Singapore and the region. SPH’s digital Out- Our success is built on the long history and rich heritage of of-Home platform SPH MediaBoxOffice comprises a network of our two flagship newspapers – , the English- large outdoor LED billboards at strategic locations (e.g. Raffles language daily and , the Chinese-language Place, Orchard Road, etc.) and indoor screens across shopping daily. The other two dailies, Berita Harian and Tamil Murasu, centres and banks island-wide. It also operates large format remain the staple for the Malay-speaking and Tamil-speaking billboards, banners and other static media platforms. communities respectively. These four major newspapers, together with and The Business Times, The Straits Times Press, SPH’s book-publishing arm, as well also provide online news to SPH’s Internet portal, . as Focus Publishing, produce quality books and periodicals in English and Chinese. SPH also launched The Straits Times’ iPad and enhanced iPhone applications, an Android smartphone application and On the property front, SPH owns and manages Paragon, The Business Times’ iPhone application. SPH’s Chinese the prime retail and office complex in the heart of Orchard Road, flagship newspaper Lianhe Zaobao has also launched its digital as well as The . Its latest retail mall, The Seletar Mall, editions which include a web application, as well as online and is expected to open in 2014. SPH’s wholly owned subsidiary, PDF versions. Times Development Pte Ltd, also developed a 43-storey upmarket residential condominium, Sky@eleven, at Thomson Road. Apart from AsiaOne, SPH’s online and new media initiatives include ST701, the leading online marketplace for jobs As an industry leader, SPH is an active corporate citizen and (STJobs), property (STProperty), cars (STCars) and general supports various causes including education, arts and culture, classifieds (STClassifieds); Stomp (Straits Times Online Mobile nature and conservation, sports, charity and community. It has Print), a portal that connects, engages and interacts with won many awards and accolades for its extensive corporate readers on the Web and via mobile phone messaging; omy.sg, social responsibility efforts. a bilingual news and interactive portal and The Straits Times RazorTV, a free access interactive webcast service offering live More information can be found on www.sph.com.sg chat shows and video-on-demand clips.

contents Group at a Glance 10 SPH Newspapers Readership Trends 56 Businesses and Products under the SPH Group 11 Daily Average Newspapers Circulation 57 Organisation Structure 12 Financial Review 58 Group Financial Highlights 13 Value Added Statement 61 Chairman’s Statement 14 Investor Relations 62 Board of Directors 18 Investor Reference 64 Further Information on Board of Directors 24 Corporate Information 66 Senior Management 28 Sustainability Report 67 CEO’s Overview of Group Operations 36 Corporate Governance Report 71 Significant Events 46 Risk Management 81 Awards & Accolades 52 Financial Contents 101